XRP/USDT – 30M – SELLThe pair moves from the ascending trendline downwards
A descending movement down to the next support level at 0.491700000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.513800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.499252 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.513800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.523700000 |
| 2nd High | 0.514700000 |
| Next High | 0.513800000 |
| Current Price | 0.503200000 |
| Next Low | 0.491700000 |
| 2nd Low | 0.486000000 |
| 3rd Low |